Isnin, Mei 07, 2012

SWISS MP QUESTIONS UBS’ ROLE IN MALAYSIAN TIMBER CORRUPTION SCANDAL

(BERNE, SWITZERLAND)3 mai 2012: Carlo Sommaruga, social democrat MP for Geneva, has today filed a number of questions in the Swiss parliament on an international money-laundering affair involving Musa Aman, the Chief Minister of the Malaysian state of Sabah, and the Swiss bank UBS. The MP’s move follows recent media reports, according to which over 90 million US dollars of timber-business-related kickbacks have been laundered by the UBS subsidiary in Hong Kong. Switzerland’s Attorney General and the Federal Office of Justice confirmed that Swiss authorities provided legal assistance and sent the case files to law enforcement agencies in Hong Kong in March 2011.

Questions submitted in Parliament by Sommaruga are aimed at revealing more details on the Swiss legal assistance given to Hong Kong in the UBS case. The MP is asking the Swiss government to reveal which criminal charges the legal assistance given by Switzerland concerned, whether the Swiss government had been approached by Malaysian law enforcement agencies on the matter and whether Switzerland would also be willing to provide legal assistance to Malaysia.

Furthermore, MP Carlo Sommaruga is pressuring the Swiss government to freeze assets held by Musa Aman and by other Malaysian potentates, such as Sarawak Chief Minister Taib Mahmud and his family members. He also asked what safeguards within the envisaged Free Trade Agreement between EFTA, the European Free Trade Association, and Malaysia would prevent Malaysian corruption proceeds from flowing to Switzerland.

Last month, a series of investigative pieces by Sarawak Report on Musa Aman’s secret bank accounts with UBS in Hong Kong caused a stir in Malaysia. According to the whistleblower website, Musa had cashed in millions of dollars of kickbacks in return for logging concessions granted by Yayasan Sabah, a public body headed by the Sabah Chief Minister. It is believed that the permits granted by Musa have contributed to seriously damaging the habitats of orang utans and other endangered animals in Borneo’s tropical rainforests. The Bruno Manser Fund is currently examining whether UBS’ conduct is in breach of Swiss anti-corruption and anti-money-laundering regulations.

14 ulasan:

Musa Aman has stopped the logging monopoly in Sabah which was promised to Michael Chia's family. If he was so concerned about logging profits, why would he turn his back on the logging monopoly contract?

Musa is the only Chief Minister in Sabah who has place effort in forestry reserves. There have been a good achievement by the Forestry Department in conserving nature and wildlife. These logging scandal was said to happen in Musa Aman's earlier career, there are hardly any scandal news recently other than these recycled news are they?

I have read about imbak canyon, the description about that place is amazing. Nestled between the Maliau Basin and Danum Valley which is important buffer zone for wildlife. There are 200 species of birds live there, and also there have pygmy elephants, leopards, bear and many more. Yayasan Sabah joint venture with Patronas to gather information about the area will be give more attention in tourism sector.

The swiss bank have their own act which is not going to give any detail of their customers. The secrecy act will not allowing the bank to reveal any of their account holder details. How on earth these people asking details from the swiss bank??